The price target of this XAUUSD price formation is the height of the wedge projected down from the expected breakout point (Entry Price1851.30, Take Profit1843.88). The Stop Loss placement for this rising wedge pattern is above the highest high point on the chart (1857.08), . You can also add a buffer to neutralize the short-term market noise. Thanks to FXAU
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.